Expat Community > South Africa

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enirpi
Joined 2011
Posts: 1

Money questions in South Africa

14 years ago

Hi!

I'm preparing to move to Johannesburg later this year from the United States and have questions about the financial part of things.

I'll be paid my salary in US Dollars instead of South African Rand.

I'm wondering about how easy it is to open a bank account in South Africa, and then transferring money from my US bank to a local South Africa bank as needed, or on a set schedule.

Or, should I open a bank account with a bank that has branches in the US and South Africa?

Any help would be greatly appreciated.

Thanks,
Erin

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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Expat Community > South Africa

Money questions in South Africa